US retail sales fell 2.1% in August due to a 12.0% drop in motor vehicle dealers' sales. Consensus expectations had been for a 1.3% decline. Less autos, however, retail sales doubled expectations and rose 1.0%. Some of this m/m [...]
Introducing
Tom Moeller
in:Our Authors
Prior to joining Haver Analytics in 2000, Mr. Moeller worked as the Economist at Chancellor Capital Management from 1985 to 1999. There, he developed comprehensive economic forecasts and interpreted economic data for equity and fixed income portfolio managers. Also at Chancellor, Mr. Moeller worked as an equity analyst and was responsible for researching and rating companies in the economically sensitive automobile and housing industries for investment in Chancellor’s equity portfolio. Prior to joining Chancellor, Mr. Moeller was an Economist at Citibank from 1979 to 1984. He also analyzed pricing behavior in the metals industry for the Council on Wage and Price Stability in Washington, D.C. In 1999, Mr. Moeller received the award for most accurate forecast from the Forecasters' Club of New York. From 1990 to 1992 he was President of the New York Association for Business Economists. Mr. Moeller earned an M.B.A. in Finance from Fordham University, where he graduated in 1987. He holds a Bachelor of Arts in Economics from George Washington University.
Publications by Tom Moeller
Global| Sep 14 2005U.S. Retail Sales Down With Autos, Elsewhere OK
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 13 2005
Small Business Optimism Slipped
The National Federation of Independent Business (NFIB) reported that their index of optimism amongst small businesses fell 0.2% in August and reversed a small up tick the month prior. During the last ten years there has been a 64% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 13 2005
Manpower Index Slipped
The Manpower Employment Outlook Survey for next quarter slipped to 20, down slightly from the average of 21 during the prior three quarters. The index indicates that a net 20% of 16,000 employers expect to increase hiring activity. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 13 2005
Weekly Chain Store Sales Down A Bit
The International Council of Shopping Centers (ICSC)-UBS survey indicated that chain store sales fell 0.2% last week after no change the prior week. So far this month sales are 0.5% below the August average which fell 0.1% from July. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 13 2005
U.S. Trade Deficit Unexpectedly Narrowed
The U.S. foreign trade deficit narrowed to $57.9B in July versus the June deficit of $59.4 which was deeper than initially reported. Consensus expectations had been for a deficit of $59.7B. Despite the narrowing, the U.S. trade [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 13 2005
"Core" PPI Unchanged in August
The producer price index for finished goods less food & energy, the so called "core" PPI, was unchanged last month versus Consensus expectations for a 0.1% increase and versus a 0.4% gain in July. The overall PPI rose 0.6% in August [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 13 2005
"Core" PPI Unchanged in August
The producer price index for finished goods less food & energy, the so called "core" PPI, was unchanged last month versus Consensus expectations for a 0.1% increase and versus a 0.4% gain in July. The overall PPI rose 0.6% in August [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 12 2005
OECD Leaders Positive
The July Leading Index of the Major 7 OECD economies rose 0.4%. Coming on the heels of a 0.5% June increase, the rise lifted the six month growth rate in the index to 0.5%, the first positive reading in six months. During the last ten [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 12 2005
OECD Leaders Positive
The July Leading Index of the Major 7 OECD economies rose 0.4%. Coming on the heels of a 0.5% June increase, the rise lifted the six month growth rate in the index to 0.5%, the first positive reading in six months. During the last ten [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 09 2005
Import Prices Jumped
Import prices last month about matched Consensus expectations and jumped 1.3%, although July's gain was revised lower to 0.8% from 1.1% reported initially. Petroleum prices surged another 7.1% on top of a downwardly revised 6.1% spike [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 09 2005
Import Prices Jumped
Import prices last month about matched Consensus expectations and jumped 1.3%, although July's gain was revised lower to 0.8% from 1.1% reported initially. Petroleum prices surged another 7.1% on top of a downwardly revised 6.1% spike [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 08 2005
JOLTS: U.S. Job Openings & Hires Dipped
The Bureau of Labor Statistics reported that the job openings rate, from the Job Openings & Labor Turnover Survey (JOLTS), dipped in July to 2.6% from an upwardly revised June. The job openings rate is the number of job openings on [...]
by:Tom Moeller
|in:Economy in Brief
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